Despite facing severe criticism over Wednesday's four-hour-long trading halt, the National Stock Exchange (NSE), while expressing sincere regrets, defended its decision of not moving the trading to disaster recovery (DR) site since its online risk management system was unavailable due to...
The Bombay Stock Exchange Brokers Forum (BBF) has urged exchanges and market regulator Securities and Exchange Board of India (SEBI) not to levy penalty for short collection of margins from clients for the 24th February trading halt at National Stock Exchange (NSE).
In a statement,...
The National Stock Exchange (NSE), which faced a severe outage on Wednesday, has suffered at least nine serious glitches in since July 2017, that is the past three and half years. NSE is the largest derivatives exchange in the world and the third largest in the cash segment by volume. Among...
The Supreme Court has upheld the appeal of National Spot Exchange Limited (NSEL) seeking direction to the Securities and Appellate Tribunal (SAT) for hearing its plea in the "Not Fit and Proper" case against brokers.
The apex court has rejected the opposition put up by senior...
Market regulator Securities Exchange Board of India (SEBI) has asked National Stock Exchange (NSE) to explain reasons for not migrating trading to its disaster recovery site. It has also asked for a report from NSE on Wednesday's trading halt at the earliest.
In a release, SEBI says...
